Silicon Labs buys Bluetooth and Wi-Fi module maker for $61M

In another bet on the internet of things, chip maker Silicon Labs has purchased Bluegiga Technologies Oy, a Finnish company that makes wireless radio modules for $61 million in cash. Bluegiga makes ultra-low-power Bluetooth Smart, Bluetooth and Wi-Fi modules for the industrial automation, consumer electronics, automotive, retail, residential, and health and fitness markets. Austin, Texas-based Silicon Labs already makes microcontrollers, sensors, ZigBee and Thread radios and mesh networking software. Adding more radios to the mix just makes sense and makes it more of a single stop for anyone looking to make a connected device.